HRTS

Tema ETF Trust Tema Heart & Health ETF

$34.44
+0.00%
Market closed. Last update: 12:37 PM ET

📎 Investment Objective

The Tema Heart & Health ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Tema Heart & Health Index.

Overview

ETF tracking Tema ETF Trust Tema Heart & Health ETF

Category Healthcare
Issuer Other
Inception Date 2023-11-21
Market Cap $56.5M
Average Volume N/A
Dividend Yield 1.36%
52-Week Range $26.25 - $34.34
VWAP $34.24

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Tema Heart & Health ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Tema Heart & Health Index.

🎯 Investment Strategy

The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of U.S. exchange-listed companies involved in the healthcare industry, with a focus on companies engaged in the research, development, production, and distribution of pharmaceuticals and biotechnology products, as well as companies providing healthcare-related services.

✨ Key Features

  • Provides exposure to a diversified portfolio of U.S. healthcare companies
  • Utilizes a passive, index-tracking investment approach
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk in the healthcare sector
  • Potential volatility due to the nature of the healthcare industry
  • Lack of long-term performance history to evaluate
  • Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. healthcare sector as part of a diversified portfolio. However, due to the fund's limited history and small asset size, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.